abstraction Hear it!

abstraction definition - legal

n

  1. The act of separating, taking away, or withdrawing.
  2. The act of taking with the intent to injure or defraud.
  3. The unauthorized taking of financial statements or funds with the intent of misappropriating them.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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